Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Business

Wed, Dec 24, 2025 10:35 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Tron Slashes 4,000 Bitcoin from USDD Reserves, Justin Sun Addresses the Strategy Behind It

Aug 23, 2024 08:16 am UTC| Digital Currency Technology Business

The Tron DAO Reserve has slashed its USDD stablecoin Bitcoin reserves by 42%, transferring 4,000 BTC to HTX. Justin Sun has elaborated on the rationale, linking it to foundational DeFi mechanisms. USDD Bitcoin Reserves...

Digital Currency Revolution

Can Bitcoin Overcome $62K Resistance to Prevent a Repeat of 'Black Monday’s' $50K Plunge?

Aug 23, 2024 07:28 am UTC| Digital Currency Technology Business

Bitcoins current resistance at $62,000 is a critical threshold to avoid another steep decline below $50,000, potentially mirroring last Augusts Black Monday. Bitcoin Must Reach $62K to Avoid Retesting $49K According...

TikTok Ban No More: Nepal Restores App Access After Striking Major Cyber Crime Deal

Aug 23, 2024 07:05 am UTC| Technology Business

Nepal has officially ended its TikTok ban after securing a game-changing agreement with the app to intensify cyber crime prevention efforts, marking a significant shift in the countrys digital landscape. TikTok Ban...

Uber to Add GM's Cruise Robotaxis to Its Fleet Next Year in Major Partnership

Aug 23, 2024 06:05 am UTC| Technology Business

Uber is set to offer GMs Cruise robotaxis on its platform starting next year, marking a pivotal expansion in the autonomous vehicle market. Uber to Feature Cruise Robotaxis in 2025 As the General Motors-backed...

Hyundai’s $23,000 Casper EV Debuts in Korea, Redefining Compact Electric Vehicles

Aug 23, 2024 05:04 am UTC| Technology Business

Hyundai has introduced the Casper EV in Korea, starting at $23,000, aiming to attract young, budget-conscious drivers with its innovative design and affordable price. Affordable Hyundai Casper EV Priced at $23,000 In...

Tesla Cybertruck FSD Launch Slated for September; Park Assist Rolls Out This Weekend

Aug 23, 2024 04:25 am UTC| Technology Business

Teslas Cybertruck will receive its Full Self-Driving (FSD) update in September, while Park Assist will be rolled out this weekend, according to Teslas Autopilot Director. Cybertruck FSD Release Slated for...

Leaked Amazon Recording: Cloud Chief Discusses AI’s Potential to Evolve Developer Work

Aug 23, 2024 04:04 am UTC| Technology Business

Amazons cloud chief, Matt Garman, suggested in a leaked recording that AI could shift developers focus from coding to innovation and customer-centric solutions. Amazons Garman: AI Could End Traditional Coding Due to...

711 712 713 714 715 716 717 718 719 720

Economy

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

Japan is preparing to issue new government bonds worth approximately $189 billion to help finance a record-breaking national budget for the next fiscal year, according to a draft budget reviewed by Reuters. The move...

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

Spot gold surged past the key psychological level of $4,500 per ounce for the first time on Wednesday, marking a historic milestone for the precious metal and reinforcing its status as a preferred safe-haven asset. The...

Politics

U.S. Signs $2.3 Billion Global Health MOUs With Four African Nations

The United States has signed four new global health memorandums of understanding (MOUs) with Madagascar, Sierra Leone, Botswana, and Ethiopia, reinforcing its long-term commitment to strengthening global health security...

U.S. Discusses Migrant Transfer Plan With Palau Despite Lawmaker Opposition

The United States has renewed discussions with Palau over a controversial proposal to transfer third-country nationals to the Pacific Island nation, despite clear resistance from Palaus lawmakers earlier this year....

NSW Passes Toughest Gun and Anti-Terror Laws After Bondi Beach Shooting

Australias most populous state, New South Wales, has passed sweeping new gun control and anti-terrorism laws following the deadly Bondi Beach mass shooting, marking the most significant tightening of firearm and protest...

Democratic Attorneys General Sue Trump Administration Over Proposed Limits on Gender-Affirming Care for Youth

A coalition of Democratic state attorneys general has filed a federal lawsuit seeking to block proposed rules by the Trump administration that would significantly restrict access to gender-affirming care for transgender...

U.S. Pledges Maximum Sanctions on Venezuela Amid Rising Global Tensions

The United States has told the United Nations it will impose and strictly enforce sanctions to the maximum extent against Venezuela in an effort to deprive President Nicolás Maduro of financial resources, escalating...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...